Back 1/124 Queen St
Off Market

1/124 Queen St

Southport QLD 4215

2
2
1
0 m²
Unit
Peter McCoyPeter McCoy, last sold this property on 21 November 2024 after 95 days on market.

Overview

Invest or Nest Walk to Shops and Light Rail

If you want location Location Location Location this is it. As an investment property it has never been empty and is perfectly located for students or hospital staff who can walk to the light rail station to attend work or University. Expected rental income of $600.00-$650.00 per week. This 2 bedroom, 2 bathroom, ground floor unit is located just a couple of minutes walk to Queen Street Village and the Light Rail Station. Queen Street Village have everything you need from Hotel, Cinema, Chemist, IGA, Childcare, Gym, Bottle shop and a number of food outlets and coffee shops. For an owner occupier we are offering vacant possession so buy now and move straight in. The property offers a tiled dining area and carpeted lounge room with new carpet and ceiling fan. The kitchen has good bench and cupboard space and a pantry. The living areas have two sliding doors allowing access outdoors and good ventilation and light for the property. There are two bedrooms with built in cupboards, new carpet and ceiling fans and the master bedroom has an ensuite. The laundry is located in the main bathroom. There is a single basement carspace but you also have a second space that will suit a motorbike or somewhere to store your pushbikes. Body Corp is approx $89.00 per week. To view our open homes, park in Queen Street Village and walk across the road to the unit.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Southport over the last 12 months, the estimated median property value of 1/124 Queen St is $721k.

Median value
$721k
Estimated value range
$547.5k - $1.19m
Median days on market
35
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/124 Queen St

2024
Sold
Undisclosed
21 Nov 2024 by Peter McCoy, of Invest & Co
2020
Rented
Undisclosed
Leased on 11 Aug 2020 by LJ Hooker Southport

Happy sellers in Southport

87%
87% of sellers in Southport reported that their sale price either exceeded or met their price expectations.

Southport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 178 reviews in Southport over the last 12 months.

Local market activity for 2 bedroom units in Southport

In the last 12 months, 85 two-bedroom units similar to 1/124 Queen St, have been sold.

This represents a 1% decrease in two-bedroom units sales when compared to the previous 12 months.

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